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22 January 2013

Been tracking this since Jul12. Triangle in the making for 4 years already and the end is near (ie within the next few months). For this month, the bottom edge of the monthly triangle is at 1.5584; not really that far away from current levels (especially for cable, 3 big figures is nothing).

Waiting for the break. 5th wave objective is far far away so this could be an elephant trade.